* Food inflation accelerated to 14.5%, non-food 12.2%, core inflation at 10.6%
* Trade deficit improved to $12.238 billion
* Exports grew by 8%, imports 0.8%
* Forex reserves increased to $15 billion
* Agriculture grew by 2% against target of 3.8%
* Total public debt increased to Rs 8.160 trillion
* Crude oil production decreased to 65,245.7 barrels
* Natural gas production stood at 4048.8m cubic feet
* Services and manufacturing grew by 4.6% and 4.4%
* Current account deficit declined to 2.8%
* Services sector expanded by 4.6 %
* Unemployment rate increased to 5.5%
* Estimate per capita income is Rs 87,810
* Inflation declined from 25% to 8.9%
* Power generation increased to 20,190MW
* Life expectancy estimated at 64.1 years
Source: Dailytimes.com.pk
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Cyclone Phet is just 400km away from Karachi while heavy rains hit Balochistan inundating the coastal areas. Karachi administration prohibited people from going to beaches to avert any untoward incident. As the tropical Cyclone Phet now roars towards Pakistani coastline after hitting Oman's coast. The Met department recorder 133 millimeter rain in Jevani, 92 in Pasni and 45 in Gawadar. Heavy downpour resulted into suspension of communication of Gawadar coast from country’s other areas.
Courtesy: The Nation
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The Security Council also urged an impartial inquiry —a call echoed in a separate forum by Russia and the European Union on Tuesday at a meeting of senior officials in the southern Russian city of Rostov-on-Don. For its part, Turkey, once seen as Israel’s most important friend in the Muslim world, recalled its ambassador on Monday and canceled planned military exercises with Israel as the countries’ already tense relations soured even further. On Tuesday, Israel announced that four of the nine killed in the military operation were Turkish citizens, the Anatolian News Agency reported.Turkish animosity seemed to deepen. “This irresponsible, heedless, unlawful attitude that defies any human virtue should definitely, but definitely, be punished,” Prime Minister Recep Tayyip Erdogan said in his regular weekly address to his party in the capital, Ankara.“No one should dare to challenge Turkey or test her patience for that the strength of Turkey’s animosity is as strong as the value of its friendship.” In a speech often interrupted by loud applause, Mr. Erdogan called on Israel to end the embargo on Gaza and asked the Israeli people to rise against the violent policies of their government. And Egypt’s official Middle East News Service said that President Hosni Mubarak was moving to temporarily reopen the Rafah border crossing — the only crossing not controlled by Israel — to “alleviate the suffering of the Palestinian people in the besieged Gaza Strip.” Egypt has kept its border with Gaza largely sealed since Hamas seized power there in 2007.Prime Minister Benjamin Netanyahu of Israel, meanwhile, was flying home after canceling a Tuesday meeting with President Obama. Mr. Netanyahu has defended the Israeli military’s actions, saying the commandos, enforcing what Israel says is a legal blockade, were set upon by passengers on the Turkish ship they boarded and fired only in self-defense. The military released a video of the early moments of the raid to support that claim.Israel said the violence was instigated by pro-Palestinian activists who presented themselves as humanitarians but had come ready for a fight. Organizers of the flotilla accused the Israeli forces of opening fire as soon as they landed on the deck, and released videos to support their case. On Tuesday, activists promised more confrontation. Greta Berlin of the Free Gaza Movement, which organized the flotilla, said that another cargo boat was heading to Gaza from the coast of Italy while a second boat carrying some 35 passengers was expected to join it, The A.P. reported. “This initiative is not going to stop,” Ms. Berlin said from the group’s base in Cyprus. “We think eventually Israel will get some kind of common sense. They’re going to have to stop the blockade of Gaza, and one of the ways to do this is for us to continue to send the boats.” An Israeli police spokesman, Micky Rosenfeld, said 634 activists, mostly from the Turkish passenger ship, who had refused to identify themselves were being detained at a prison in southern Israel, where they were awaiting deportation procedures. Forty-five others had agreed to identify themselves and were being deported. Immigration officials said the people to be deported included Henning Mankell, a best-selling Swedish author. While the Israeli public seemed largely to support the navy, policy experts questioned preparations for the military Operation, whether there had been an intelligence failure and whether the Israeli insistence on stopping the flotilla had been counterproductive. Some commentators were calling for the resignation of Ehud Barak, the defense minister. “The government failed the test of results; blaming the organizers of the flotilla for causing the deaths by ignoring Israel’s orders to turn back is inadequate,” wrote Aluf Benn, a columnist for Haaretz, on the newspaper’s Web site on Monday, calling for a national committee of inquiry. “Decisions taken by the responsible authorities must be probed.” The flotilla of six cargo ships and passenger boats was carrying 10,000 tons of aid for Gaza. But the raid and its deadly consequences have thrown Israel’s policy of blockading Gaza into the international limelight. The statement by the United Nations Security Council early on Tuesday stressed “the need for sustained and regular flow of goods and people to Gaza.” Israel had vowed not to let the flotilla reach the shores of Gaza, held by Hamas, an organization sworn to Israel’s destruction. Named the Freedom Flotilla, and led by the pro-Palestinian Free Gaza Movement and a Turkish organization, Insani Yardim Vakfi, the convoy had converged at sea near Cyprus and set out on the final leg of its journey on Sunday afternoon. Israel warned the vessels to abort their mission, describing it as a provocation. New York Times
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Different organization under Tehrik-e-Taliban working to destabilize the country: Rehman Malik
VOH Monitoring desk

Talking to media after visiting the targeted worship Place of Ahmedis in Model Town on Sunday, he pointed out that terrorists from

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Police arrested three suspects on information provided by Abdullah, of Rahim Yar Khan. Abdullah identified the two other men who blew themselves up in Garhi Shahu as Darwaish of Swat and Mansoor of Waziristan. He told investigators that he and three others were sent for the two missions by Badar Mansoor, the head of the Punjabi Taliban group in Waziristan. A police official said that Abdullah had provided valuable information to the investigators about other members of the network. Dawn News
Fifteen killed in bombardment at Orakzai agency
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KALAYA, May 30: Fifteen suspected militants have reportedly been killed as military’s fighter jets pounded their hideouts in Orakzai agency. Jet fighters targeted militants’ sanctuaries in Ghalju, Ghozgarh and Talirabia areas of Orazkai, and destroyed three of their suspected hideouts. Fifteen suspected militants also reportedly killed in air strikes, the channel added. Jahanzeb Khan, a local administrator, says the attacks Sunday targeted militants in the Orakzai tribal region who had fled from an army offensive last year in nearby South Waziristan. Khan says two soldiers were killed in Orakzai on Saturday night when their vehicle was hit by a roadside bomb.
Nasim Shah, an administrator in the neighboring Kurram tribal area, says militants also opened fire on a passenger vehicle Sunday, killing two women and wounding four other people. Shah says the militants carried out the attack because they were frustrated by their inability to muster support in Tabertan village, where the shooting occurred. Breaking News
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